Directions (Qs. 1-10): Read the following passage carefully and answer the questions given after the passage. Certain words/phrases have been printed in bold to help you locate them while answering some of the questions.
The tech-savy state of Karnataka will incubate about 20,000 start-ups by 2020 to create six lakh direct and 12 lakh indirect jobs, Chief Minister Siddaramaiah said on Tuesday.
“We are setting up a start-up cell as a one-stop-shop to help young entrepreneurs float start-ups and guide them in launching their ventures as they will have little knowledge of corporate affairs,” Siddaramaiah said, flagging off the 18th edition of Bangalore ITE.biz 2015 here.
The Karnataka government has recently unveiled a start-up policy 2015-2020 to promote entrepreneurship, set up incubation centres, foster partnerships between research and development (R&D) and industry and provide early stage funding to start-ups.
“With hundreds of entrepreneurs with creative ideas setting up start-ups here, Bengaluru is emerging also as the country’s start-up capital over a decade after it became IT capital,” the chief minister asserted.
Noting that the start-up policy covered information technology, biotechnology and manufacturing sectors, Siddaramaiah said a start-up council under his chairmanship would review implementation of the policy on a regular basis for feedback and suggestions.
The start-up policy is the outcome of the state government’s ‘Karnataka I-4’ initiative launched in 2014, spanning IT, IT-enabled services (back office and business process outsourcing), innovation and incentives.
The three-day annual event showcases the state’s prowess in the knowledge sector, with over 2,000 firms, including 500 global IT majors, multinationals and offshore software development centres for services and products, operating from in and around this tech hub, providing 1.5 million direct jobs and 2.5 million indirect jobs.
“Bengaluru has the distinction of being the country’s largest IT cluster, with 350 of the Fortune 500 firms locating their R&D and offshore development operations, thanks to its talent pool, research and academic institutions in the government and private sectors and best higher education system, including universities,” the chief minister told about 500 delegates at the inaugural event.
The country’s first electronic city, which was set up in the 1980s on the outskirts of southern Bengaluru across 400 acres of land, has become a major hub for about 200 software and hardware firms, including home-grown Indian IT bellwethers like Infosys and Wipro.
-Source, The Statesman
1.According to the passage, Which of the following is not true?
(1) Bangalure is a talent pool.
(2) Recently Bangalore flaged off 18th edition of Bagaluru ITE biz 2015.
(3) Siddaramaiah made a committee to startup which gives a unique idea how to start business.
(4) Karnataka will create 6 lakh direct and 12 lakh indirect job.
(5) None of these
2.According to the passage Which of the following is true?
(1) Tech Savy of Karnataka will incubate about 20,000 start-up by 2030.
(2) The start-up policy is the outcome of the state government Karnatak 1-4 intitative lauched 2014.
(3) Bengalure has distinction of being the Country’s largest I.T Cluster with 350 of fortune 600 firm.
(4) Country’s first electronic city was setup 1990.
(5) None of these
3.Which of the following would be the suitable title?
(1) Bangaluru intiative in providing job
(2) Tech-Savy Karnataka
(3) Karnataka is best in start-up policy.
(4) Karnataka’s intiative to incubate entrepreneurs.
(5) No business in karnataka
4. According to author what we can say about Karnataka?
(1) Karnataka is growing fast and implementing new policies day by day.
(2) Karnataka chief minister is very knowledgeable and loyal towards his constituency.
(3) Karnataka wants to promote entrepreneurship with creative idea including manufacturing, I.T. and biotechnology all together.
(4) Karnataka is best place startup policy which is outcome of state government 1-4 intiative
(5) None of these
Directions (5to 7): Choose the word which is most OPPOSITE in meaning of the word printed in bold as used in the passage.
(4) trend seffer
Directions (8to 10): Choose the word which is most similar in meaning of the word printed in bold as used in the passage
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